The Federal Budget 2026-27 delivered on P@SHA's core asks: the 0.25% Final Tax Regime (FTR) rate on IT exports is extended through Tax Year 2029, the overseas card transaction tax is cut by 90%, and startups now receive 100% of customer payments upfront. These outcomes follow P@SHA's formal budget recommendations, testimony before the Standing Committee on Finance, engagement with the Ministry of Finance and FBR, and a coordinated anomaly submission after the Bill's presentation.
Extended under Section 154A from TY 2026 to TY 2029. Companies bidding on multi-year outsourcing contracts can now answer the question every serious client asks: what will the tax position be in year three?
The Section 236Y tax on payments abroad via Pakistani bank-issued cards drops from 5% to 0.5%, directly cutting the cost of cloud infrastructure, SaaS tools, and international subscriptions for IT companies.
Under Clause 43F, qualifying startups now receive 100% of customer payments immediately, with no cash held in 6 to 12 month refund cycles. A structural fix to the working capital crisis facing early-stage SaaS, Fintech, and B2B companies.
Rahnuma answers from the full document library and cites her sources.
